Under MediShield Life, Singapore Residents pay more premiums while they are working, and in return enjoy premium rebates during their older ages. The additional amounts paid during working age are set aside in the MediShield Life Fund, to provide for future premium rebates which will help to moderate premium increases experienced at older ages.

For policyholders born before 1950 and have been insured continuously under the scheme, they will receive premium rebates from age 71 to 90 (based on age next birthday). For policyholders born in or after 1950, they will receive premium rebates from age 66 to 90 (based on age next birthday).

Please click here (www.moh.gov.sg/healthcare-schemes-subsidies/medishield-life/medishield-life-premiums-and-subsidies/premium-rebates) for more information on premium rebates.

From 1 April 2025, changes will be made to the indicative premium rebates for policyholders born in or after 1950. Please refer to the MediShield Life 2024 Review press release for more details.